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UMich November US client sentiment remaining 69.7 vs 69.4 anticipated

  • Prelim was 69.4
  • Prior was 61.3
  • Present situations 73.3 vs 74.0 prelim
  • Expectations 67.4 vs 66.4 prelim
  • 1 yr inflation 3.1% vs 3.1% prelim — lowest since March 2021
  • 5-10 yr inflation 2.9% vs 2.8% prelim

I haven’t got a lot use for this survey however the Fed watches the inflation readings. The headline confirms the sooner soar, which was an increase that erased all of the declines within the earlier 4 months.

This text was written by Adam Button at www.forexlive.com.

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